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Strategies & Market Trends : MDA - Market Direction Analysis

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To: pater tenebrarum who wrote (37200)	1/11/2000 1:36:00 PM
From: John Madarasz	Read Replies (2) of 99985

Heinz... Have you seen this post..The ominous instabilities are already visible. A few days before Christmas, Standard & Poor's put the US financial system on its watch list of twenty countries that are "vulnerable to a credit bust." Others include China and Turkey. Aside from the stock market, the credit-rating agency observes the rapid rise in domestic debt and in nonperforming loans at commercial banks. A sharp correction in stock prices, S&P warned, "could lead to a hard landing for the economy and, thus, for the banks' portfolios." Message 12516984 I've read anecdotal reports as well that state that that some of the latest polls of analysts have placed the US economic "bubble" before world hunger on a list of major concerns I believe there is still plenty of concern out there, it's just that no one seems to be listening... and the RSO on the US dollar Index continues to fall towards 0 while setting lower highs. Short term at least the dollar seems to want to go lower. Best Wishes, JM

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